As a result, we support Leaders for Climate Action (LFCA) and their goal of improving the global economy by reducing greenhouse gas emissions. We accomplish this by calculating and offsetting our CO2 emissions through CDM Gold-certified projects. In addition, we continuously define specific reduction targets to limit our emissions related to travel, food and energy usage.
When selecting projects to offset our emissions, we choose to support a broad range of initiatives that benefit the greatest number of people and the environment. This year, we are proud to support several projects offering clean drinking water to populations in Laos and Uganda, and renewable energy in the Dominican Republic.
Through ceramic water filters, TerraClear provides clean drinking water to Laos’ rural populace at a lower cost. This eliminates emissions associated with heating water, local forest degradation, and health hazards associated with waterboard infections.
Through ultraviolet (UV) filtration, the Clean Drink Water initiative in Uganda provides clean drinking water to low-income households, small and medium companies, and schools. This helps to prevent deforestation and land degradation, improves health, and gives women and children more time that otherwise would have been spent looking for firewood.
The Solar Energy project in the Dominican Republic provides renewable energy to roughly 50,000 households each year. This initiative decreases the use of fossil fuels while also providing local jobs, a visitor center, and a social activities fund.
The SB Energy Solar Power project we support in India focuses on creating solar energy sources in three Indian states: Pradesh, Rajasthan, and Kamataka, thereby contributing to the region’s demand-supply imbalance in electricity, which has been primarily relied on fossil fuels. New infrastructure and jobs have been developed as a result of the development of these solar plants, allowing people in the surrounding communities to improve their economic situations.
The improved cookstoves project we support in Rwanda, primarily reduces greenhouse gas emissions but also contributes a number of co-benefits that support the United Nations Sustainable Development Goals (SDGs). Traditional cookstoves utilize a lot of wood and coal, which contributes to deforestation and poor air quality in the region. Women and children, in general, are the ones who do the cooking and wood collecting, and hence are the ones who are most exposed to the smoke, which can cause respiratory illnesses. Thanks to the locally produced improved cookstoves, less wood is needed to prepare food, giving women and children more time for other activities such as education and schooling.
We continue on our efforts to reach carbon-neutrality and play our part in saving the planet, and we encourage you to join the movement towards a better future.
For any enquiries, please contact our Climate Officer Joyce Byrne, at [email protected]
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 10 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com